The University of Edinburgh Careers Service
A Day in the Life of an Accountant
I arrive at the Aggreko PLC Glasgow office for a conference call with our
Australian team to review their forecast for the remainder of the year. As a
global organisation we always have an accountant working somewhere
around the world! In this case, the 10 hour time difference makes early
morning the optimum time for this discussion. Once complete, I will brief the
Group FD and Financial Controller on any major changes or issues.
Next stop is a review of my email Inbox, which can be filling up early, as our
finance hubs in Dubai and across Europe have been working for a few hours
already. Working in a plc environment means the variety of information
requests and queries varies enormously. One email can come from our CEO
looking for rental fleet statistics (our key KPIs are based around how
effectively we use our rental assets) while the next could, for example, be a
request for clarification of an acquisition accounting treatment.
2006 saw Aggreko make the largest acquisition in its history and the PLC
finance team was involved in many facets of the process. As well as providing
accounting guidelines to ensure consistent treatments in each country, we
were involved in activities ranging from the financial diligence to building
models to show how the acquisition would impact the Group’s performance.
Even six months post-acquisition, there are still events on which we discuss
and agree correct accounting treatments with our in-country colleagues.
Included in today’s emails are submissions from each of our three regions
providing initial, draft information on their revenues for the month, comparing
them against budget and against the same month in the prior year. This
information is used to provide the Group FD and CEO with an early view of
our activity, prior to the month end results being submitted the following week.
It also offers an insight into which part